Hermetica
  • Welcome
  • Hermetica
    • The Problem
    • Our Solution
    • Who We Are
  • USDh
    • USDh & sUSDh
    • How it Works
      • Mint Mechanism
      • Security Mechanisms
      • Stability Mechanism
      • Yield Mechanism
      • Backing Mechanism
      • Technical Primitives
    • Historical Performance
    • Hermetica Reserve Fund
    • Audits
    • Risk Disclosures
      • Collateral Risk
      • Exchange Risk
      • Liquidity Risk
      • Funding Rate Risk
      • General Risk
  • Resources
    • User Guides
      • Buy USDh
      • Stake USDh
      • Check Your Hermetica Points
      • Check Your Hermetica Portfolio
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Our Solution

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Last updated 3 months ago

USDh. The first Bitcoin-backed, yield-bearing synthetic dollar outside the fiat system.

1. Earn up to 25% APY

USDh earns you a consistent yield from funding payments generated by the short perpetual futures position. Learn more.

2. Bitcoin-Backed

USDh pairs Bitcoin with a short perpetual futures position to create a price-stable dollar. Learn more.

3. Safe

All Bitcoin is held at institutional-grade custodians like Copper. Also, the protocol is audited by top firms like Clarity Alliance and Strata Labs. Learn more.

USDh is a stablecoin that does not rely on banks or fiat - just Bitcoin.

Get further in the details below:

How it Works